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Global equities decline on US tariff threat

Global markets tumbled after US president Donald Trump threatened to impose a 10% tariff on an extra $200bn of Chinese goods.

Ashtead hikes dividend as profits swell

Equipment hire group Ashtead said Tuesday underlying pre-tax profits rose by 21% in the year through April compared to the previous year, supported by acquisitions and solid growth across its divisions.

Telecom Plus profit up slightly as regulatory price cap looms

Telecom Plus, which provides utility services under the trading name Utility Warehouse, posted a slight rise in annual profit as tough competition constrained margins.

Debenhams issues profit warning amid weakness in key markets

UK department store group Debenhams Tuesday said it expected full-year profit to miss market expectations as rising competition and weakness in key markets weighed on performance in May and early June.

DS Smith launches £1bn share issue to fund Papeles y Cartones de Europa deal

Packaging group DS Smith launched a £1bn share issue help fund its €1.67bn (£1.43bn) acquisition of Papeles y Cartones de Europa.